2-bed · 1,274 sqftScala Tower (Al Madar Tower), Business Bay · 13th floor · completed 2010

1303, Scala Tower (Al Madar Tower)

Sold prices and rental history: sold once, by the developer in February 2026, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 6 February 2026
Last soldAED 2.05M6 February 2026
Current rentAED 86K /yr7 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Scala Tower (Al Madar Tower)

What is 1303 worth today?

Last sold for AED 2,050,000 in 2026

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6 Feb 2026Sold by developerReady
AED 2,050,000AED 1,609 per sqft
7 Jan 2024RentedRenewal
AED 85,929/yr11 months · AED 67 per sqft
7 Jan 2023RentedRenewal
AED 78,000/yr12 months · AED 61 per sqft
7 Jan 2022RentedRenewal
AED 72,000/yr12 months · AED 57 per sqft
7 Jan 2021RentedNew contract
AED 72,000/yr12 months · AED 57 per sqft
26 Nov 2019RentedNew contract
AED 80,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 6 February 2026.

Key facts

Type
2-bed apartment
Size
1,274 sqft
Floor
13th of 21
Parking
P2-19
Developer
Al Madar Investment
Completed
2010
Service charge
AED 20,800 /yr
Last sold
AED 2.05M · February 2026

About 1303, Scala Tower (Al Madar Tower)

1303 is a two-bedroom apartment of 1,274 sqft on the 13th floor of Scala Tower (Al Madar Tower), a 21-storey tower in Business Bay completed in 2010 by Al Madar Investment. The developer sold it on 6 February 2026 for AED 2,050,000, or AED 1,609 per sqft, 16% above the AED 1,382 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 7 January 2024, is AED 85,929 a year: a gross yield of 4.2% on the 2026 price, before the service charge of about AED 20,800 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical two-bed in Scala Tower (Al Madar Tower)
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,687,500; 2012 AED 1,780,000; 2013 AED 1,556,988; 2014 AED 1,709,100; 2015 AED 1,650,000; 2021 AED 1,005,000; 2023 AED 1,415,000; 2025 AED 1,962,000Sold by developer, February 2026: AED 2,050,000 (AED 1,609 per sqft)

1303 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1303, each contractTypical two-bed in Scala Tower (Al Madar Tower)
75K100K125K2013201720212025Typical rent by year: 2013 AED 73,500; 2014 AED 101,200; 2015 AED 114,583; 2016 AED 117,437; 2017 AED 108,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 71,000; 2022 AED 77,200; 2023 AED 83,000; 2024 AED 114,000; 2025 AED 115,000; 2026 AED 112,500New contract, November 2019: AED 80,000 a yearNew contract, January 2021: AED 72,000 a yearRenewal, January 2022: AED 72,000 a yearRenewal, January 2023: AED 78,000 a yearRenewal, January 2024: AED 85,929 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Scala Tower (Al Madar Tower), and where 1303 sits

All 34 2-beds →

1303 last sold in February 2026 at AED 1,609 per sqft, 16% above what two-beds in Scala Tower (Al Madar Tower) were fetching at the time (AED 1,382). Over the last 12 months two-beds sold for AED 1,610,550 to 2,050,000, around AED 1,441 per sqft, and rent for AED 87,000 to 145,200 a year. 1303's AED 85,929 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Apr 20261,610,550
19 Aug 20252,050,000
5 Aug 20252,156,000
30 Jul 20251,962,000
2 2-bed sales in the last 12 months

Scala Tower (Al Madar Tower)

Building

177 apartments, studios to 2-bed over 21 floors in Business Bay, completed in 2010 by Al Madar Investment. 16 sold in the last 12 months.

Typical price per sqft
AED 1,345 Up 5.4%
Typical sale
AED 1.18M
Typical rent
AED 80K /yr
Typical yield
6.8%
Scala Tower (Al Madar Tower), Business Bay: prices, sales and rents →
Value
13012-bedAED 1.55M · Jun 2013
13021-bedNo registered sale
13041-bedAED 1.05M · Jan 2025
13051-bedAED 1.23M · Jun 2026
13061-bedAED 900K · Nov 2024
13071-bedAED 1.03M · Jan 2026
13081-bedAED 1.13M · Aug 2024
1–7 of 8

1303, Scala Tower (Al Madar Tower) in numbers

  • Sold once: by Al Madar Investment on 6 February 2026 for AED 2,050,000, or AED 1,609 per sqft.
  • Rented since November 2019 on 5 Ejari contracts, from AED 80,000 to AED 85,929 a year.
  • At AED 85,929 a year the gross yield on the 2026 price is 4.2%, before a service charge of about AED 20,800 a year (AED 16.30 per sqft).
  • Two-beds in Scala Tower (Al Madar Tower) sold for AED 1,610,550–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,345 per sqft.

Source: Dubai Land Department. Updated 6 February 2026.

Questions about 1303, Scala Tower (Al Madar Tower)

What did unit 1303 last sell for?

AED 2,050,000 on 6 February 2026, sold by the developer: AED 1,609 per sqft for 1,274 sqft. It is the only registered sale of the unit.

What is the rent for unit 1303?

AED 85,929 a year on the contract renewed on 7 January 2024. The previous contract, from January 2023, was AED 78,000; the unit has been rented since November 2019.

How big is unit 1303?

1,274 sqft (118.4 sqm): a two-bedroom apartment on the 13th floor of a 21-storey tower completed in 2010.

What is unit 1303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Scala Tower (Al Madar Tower) sold for AED 1,610,550 to 2,050,000 in the last 12 months, around AED 1,441 per sqft.

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Mortgage on 1303, Scala Tower (Al Madar Tower)

Starts from the last sale price (AED 2.05M, 6 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →